Serenity Capital LLC

Top 10 holdings weight100.00%

Top 25 holdings weight100.00%

Positions above 1%6

Effective number of positions2.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

New positions7

Increased0

Decreased0

Closed0

Portfolio value $167.1M #7,089 of 9,337 by 13F value · top 75.9%

Positions 7

As of March 31, 2025 Data as of Q1 2025

Sector breakdown

Industrials 73.8%

Consumer Discretionary 11.9%

Financials 9.2%

Retail 5.1%

				Streak
ZTO ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share.	$100,330,622	60.03%	5,056,987	Up ×1
BZ KANZHUN LIMITED - American Depository Shares	$23,007,815	13.77%	1,200,199	Up ×1
QFIN Qfin Holdings, Inc. - American Depositary Shares	$15,307,529	9.16%	340,849	Up ×1
EDU New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands)	$11,737,259	7.02%	245,498	Up ×1
MNSO MINISO Group Holding Limited American Depositary Shares, each representing four Ordinary Shares	$8,569,191	5.13%	463,450	Up ×1
ATAT Atour Lifestyle Holdings Limited - American Depositary Shares	$7,796,250	4.66%	275,000	Up ×1
TAL TAL Education Group American Depositary Shares	$382,496	0.23%	28,955	Up ×1
No matches

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
ZTO	$100,330,622	5,056,987	60.03%
BZ	$23,007,815	1,200,199	13.77%
QFIN	$15,307,529	340,849	9.16%
EDU	$11,737,259	245,498	7.02%
MNSO	$8,569,191	463,450	5.13%
ATAT	$7,796,250	275,000	4.66%
TAL	$382,496	28,955	0.23%